Mr. Speaker, the death tax is one of the most unfair taxes. It taxes farmers and small business owners twice. First they pay taxes throughout their years and then the Federal Government taxes the value their property again at the time of their death. More bluntly put, it is simply unjust; and if you do not believe that, just ask Charles Wilfong, a farmer from my home State of West Virginia. Mr. Wilfong wants to be able to pass his farm along to his children, but he is so fearful that his children will have to sell portions of the land in order to pay the hefty bill the IRS will hand them once he passes away. Desperately trying to keep his farm intact for his children and grandchildren, he continues to explore potential legal methods to keep that which he has worked so hard for. Mr. Speaker, Mr. Wilfong is not alone. Many other farmers and small businessmen and women could suffer disastrous effects that the death tax can have on their future. Many people have worked hard their whole lives to build a strong future for their children and grandchildren. Our tax laws should not punish hard work by forcing family members to pay death taxes to the IRS. Mr. Speaker, I urge Congress to give permanent relief from the death tax. It is time for Congress to banish the death tax once and for all.
Editor's note · Context
Addressing the unfairness of the death tax and its impact on farmers and small business owners.
Share
More from Shelley Moore Capito
As more breakthroughs occur in treating chronic diseases, including Alzheimer’s disease and Parkinson’s, Project ECHO offers clinicians the knowledge they need to diagnosis and treat their patients effectively."
We need to have these guardrails to protect them and shield them. You know, if the pushback is ‘we can't do it,’ or ‘it's too complicated’ from the online folks, quite honestly, we don't believe you. We don't believe that, and I think our…
These sanctions will help restrict the financial flows backing Putin’s unjust war by imposing consequences on countries that continue to purchase Russian oil and gas.
Seeing firsthand the dedication of Nucor’s employees here in Mason County, I am proud of the strength of West Virginia’s workforce and the impact Nucor is already making across the Mountain State.





